Description
Trading suspension for commercial paper of 15 companies due to upcoming redemption with record dates on August 5-6, 2025.
Summary
BSE has suspended trading in commercial paper of 15 companies effective August 5-6, 2025, due to upcoming redemption. Trading members are advised not to deal in these instruments from their respective record dates.
Key Points
- 15 companies have fixed record dates for commercial paper redemption
- Trading suspension effective from record dates (August 5-6, 2025)
- Covers debt segment commercial paper instruments
- Notice references DR-688/2025-2026 and DR-689/2025-2026
Regulatory Changes
No regulatory changes - standard procedure for commercial paper redemption.
Compliance Requirements
- Trading members must not deal in the specified commercial paper from record dates
- Compliance with suspension notice mandatory for all exchange members
Important Dates
- August 5, 2025: Record date and trading suspension for Can Fin Homes Ltd. and Balrampur Chini Mills Ltd.
- August 6, 2025: Record date and trading suspension for 13 other companies including Kotak Mahindra Prime, ICICI Securities, Tata Steel, and others
Impact Assessment
Medium impact on debt market liquidity for affected commercial paper instruments. Routine corporate action with temporary trading restrictions. Investors holding these instruments should be aware of redemption schedules.
Impact Justification
Affects 15 commercial paper instruments with trading suspension for redemption purposes